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IEA warns of sharp drop in global oil stocks due to Hormuz Strait closure - UPI.com
The International Energy Agency warned of sharp drop in oil stocks amid renewed disruption to exports from Gulf producers with "lower volumes" at sea.
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cnbc.com
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.
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channelnewsasia.com
IEA cuts 2026 oil demand forecast again as Hormuz remains shut
PARIS: The International Energy Agency on Wednesday (Aug 12) sharply reduced its forecast for global oil demand this year, as supplies remain crimped by the closure of the Strait…
